Chicago Rivet & Machine Co. (CVR) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
901 FRONTENAC RD NAPERVILLE, IL 60566 |
| State of Incorp. | IL |
| Fiscal Year End | December 31 |
| Industry (SIC) | 354 - Metalworking Machinery And Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 4,045 | 2,037 | 2,568 | 1,429 | 707 | 1,153 | 353 | ||
| Cash and cash equivalents | 4,045 | 2,037 | 2,568 | 1,429 | 707 | 1,153 | 353 | ||
| Receivables | 4,975 | 5,648 | 5,163 | 4,609 | 5,529 | 5,327 | 5,324 | ||
| Inventory, net of allowances, customer advances and progress billings | 9,121 | 8,520 | 5,153 | 4,951 | 6,100 | 4,528 | 4,538 | ||
| Inventory | 9,121 | 8,520 | 5,153 | 4,951 | 6,100 | 4,528 | 4,538 | ||
| Prepaid expense | 509 | 0 | 86 | 58 | 151 | 84 | 56 | ||
| Other current assets | 423 | 346 | 384 | 427 | 438 | 358 | 424 | ||
| Other undisclosed current assets | 2,691 | 2,741 | 4,733 | 6,574 | 7,063 | 7,810 | 8,059 | ||
| Total current assets: | 21,764 | 19,292 | 18,087 | 18,049 | 19,988 | 19,259 | 18,754 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 11,862 | 12,474 | 13,151 | 13,674 | 13,258 | 12,557 | 12,451 | ||
| Total noncurrent assets: | 11,862 | 12,474 | 13,151 | 13,674 | 13,258 | 12,557 | 12,451 | ||
| TOTAL ASSETS: | 33,626 | 31,766 | 31,238 | 31,723 | 33,247 | 31,816 | 31,204 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,025 | 1,861 | 1,271 | 1,470 | 2,329 | 1,906 | 1,998 | ||
| Interest and dividends payable | ✕ | 213 | |||||||
| Taxes payable | ✕ | 80 | 92 | ||||||
| Employee-related liabilities | ✕ | 509 | 482 | 630 | 701 | 674 | 691 | ||
| Accounts payable | 697 | 693 | 466 | 491 | 1,060 | 737 | 703 | ||
| Accrued liabilities | 328 | 366 | 323 | 349 | 476 | 495 | 604 | ||
| Customer advances and deposits | ✕ | ✕ | ✕ | ✕ | ✕ | 313 | 286 | ||
| Other undisclosed current liabilities | 666 | 10 | 249 | 153 | 237 | ||||
| Total current liabilities: | 1,691 | 1,871 | 1,521 | 1,622 | 2,566 | 2,219 | 2,284 | ||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 948 | 921 | 737 | 1,028 | |||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | 921 | 737 | 1,028 | ||
| Deferred income tax liabilities | 948 | ✕ | ✕ | ✕ | |||||
| Other undisclosed noncurrent liabilities | 926 | 1,011 | 943 | ||||||
| Total noncurrent liabilities: | 948 | 926 | 1,011 | 943 | 921 | 737 | 1,028 | ||
| Total liabilities: | 2,639 | 2,797 | 2,532 | 2,565 | 3,487 | 2,956 | 3,312 | ||
| Equity | |||||||||
| Equity, attributable to parent, including: | 30,987 | 28,969 | 28,706 | 29,158 | 29,760 | 28,860 | 27,892 | ||
| Treasury stock, value | (3,922) | (3,922) | (3,922) | (3,922) | (3,922) | (3,922) | (3,922) | ||
| Additional paid in capital | 447 | 447 | 447 | 447 | 447 | 447 | 447 | ||
| Retained earnings | 33,324 | 31,306 | 31,043 | 31,495 | 32,097 | 31,197 | 30,229 | ||
| Other undisclosed equity, attributable to parent | 1,138 | 1,138 | 1,138 | 1,138 | 1,138 | 1,138 | 1,138 | ||
| Total equity: | 30,987 | 28,969 | 28,706 | 29,158 | 29,760 | 28,860 | 27,892 | ||
| TOTAL LIABILITIES AND EQUITY: | 33,626 | 31,766 | 31,238 | 31,723 | 33,247 | 31,816 | 31,204 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 33,646 | 33,975 | 27,591 | 32,873 | 37,174 | 35,765 | 37,022 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 35,765 | 37,022 | |
| Cost of revenue | (29,831) | (27,509) | (22,675) | (27,128) | (29,268) | (27,851) | (27,980) | |
| Cost of goods and services sold | (27,851) | (27,980) | ||||||
| Gross profit: | 3,815 | 6,465 | 4,915 | 5,745 | 7,906 | 7,914 | 9,042 | |
| Operating expenses | (254) | (5,106) | (4,998) | (5,253) | (5,503) | (5,549) | (5,559) | |
| Operating income (loss): | 3,561 | 1,359 | (83) | 492 | 2,403 | 2,365 | 3,483 | |
| Nonoperating income (Other Nonoperating income) | 91 | 56 | 148 | 192 | 154 | 101 | 65 | |
| Income from continuing operations before income taxes: | 3,653 | 1,414 | 65 | 683 | 2,556 | 2,466 | 3,548 | |
| Income tax expense | (785) | (301) | (15) | (145) | (555) | (387) | (1,191) | |
| Income from continuing operations: | 2,868 | 1,113 | 50 | 538 | 2,001 | 2,079 | 2,357 | |
| Income before gain (loss) on sale of properties: | ✕ | 1,113 | 50 | 538 | 2,001 | 2,079 | 2,357 | |
| Net income available to common stockholders, diluted: | 2,868 | 1,113 | 50 | 538 | 2,001 | 2,079 | 2,357 | |
Comprehensive Income ($ in thousands)
| 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 2,868 | 1,113 | 50 | 538 | 2,001 | 2,079 | 2,357 | |
| Comprehensive income, net of tax, attributable to parent: | 2,868 | 1,113 | 50 | 538 | 2,001 | 2,079 | 2,357 | |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.